2601 1238 Richards Street — Vancouver West


$ 1,749,000 FOR SALE MLS# R3120590
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Stunning Sub-PH loft with 1,504sf of living space,soaring 16-foot ceilings,and panoramic False Creek and city views.This bright two-level corner residence at The Metropolis offers 3 beds 2baths an exceptional blend of style,space,and comfort.The open-concept layout flows beautifully from the fully renovated kitchen and dining area into a dramatic double-height living room surrounded by glass and flooded with natural light.The kitchen, bathrooms,and flooring have all been thoughtfully updated.Upstairs the mezz-level primary suite features dual closets,spacious ensuite,an oversized shower,while an additional upstairs bedroom offers flexibility and as ensuite.Third bedroom on the main level provides excellent separation or office.Steps to the Seawall, parks, cafés, and Yaletown shops.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms3
Bathrooms2
Living Area1,504 sqft
Property TypeResidential – Apartment/Condo
StyleLoft/Warehouse Conv.
MLS® R3120590
StatusActive
Price Change↓ Price Reduced
Listing BrokerRoyal Pacific Realty Corp.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
2 events on record for this property

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos218
Median Asking Price $ 1,024,500 $ 1,749,000
Median Price per SqFt $1,121 $1,163
Median Days on Market 56
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼96.9% 2 32
Median Selling Price $ 640,000 ▼39.3% $ 614,000 $ 1,055,000
Median Price per SqFt $961 ▼13.7% $1,050 $1,113
Median Days on Market 537334
Median Discount Off Ask 8.4%4.0%3.5%
New Listings 435911
Months of Inventory 14.9

At the current sales pace, it would take about 15 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Yaletown: Number of Sales

Yaletown: Median Sold Price

Yaletown: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Yaletown. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.